The year 2024 was marked by a surge in office rents in the capital, despite a context of decline in rental and transaction activity. While the figures confirm impressive momentum, they also illustrate the challenges businesses face in finding suitable, accessible and flexible spaces. Chez LNB, we support this evolution by offering operated offices that meet the needs of a rapidly changing market.
Rents soaring: Paris still at the top
In the Central Business District (QCA) — which includes the 1st, 2nd, 8th, 9th, 9th, 16th and 17th districts —, the rents for so-called “prime” offices jumped by 8% in one year to reach 1,115 euros per m²/year, according to Cushman & Wakefield. That's nearly 93,000 euros per month for a company occupying 1,000 m², compared to around 65,800 euros in 2014.
But this increase is not limited to QCA. Rents are increasing everywhere in Paris:
- +6% on the left bank (950 €/m²/year in the 5th, 6th, and 7th districts),
- +7% in the 12th and 13th districts (640 €/m²/year),
- +14% around Place de la République (€890/m²/year), which has become an attractive new hub, especially for large luxury companies.
Opportunities for investors
If office prices have fallen by 30% since 2021, returns have been rising, making the Paris market even more attractive for investors. In the QCA, returns now oscillate between 4% and 4.5%, against 2.5% to 3% before the crisis.
Outstanding examples in 2024:
- A building in Montparnasse acquired for 177 million euros by the Norwegian sovereign wealth fund and Swiss Life.
- Two German funds have invested 100 million euros near the Place de la Nation, with yields reaching 5.5%.
LNB: a flexible alternative to rising rents
In this context, finding offices that are accessible, adapted to new ways of working and offering premium services is more than ever a priority for businesses.
Chez LNB, we support organizations at every stage by offering flexible and customizable operated offices, perfectly adapted to their needs.
- Total flexibility: Change your spaces at your own pace without committing to a classic 3/6/0 lease
- Services included: mail management, maintenance, connected meeting rooms, relaxation and well-being areas.
- Strategic locations: prestigious addresses in the heart of the most sought-after districts.
We believe that The future of corporate real estate is based on agile, modern and human solutions. The offices operated by LNB are part of this vision, offering a unique and turnkey experience to our customers.
Focus on 2025: adopt agility with LNB
Faced with rising rents and changing needs, businesses need to rethink their real estate strategy. Chez LNB, we have made this transformation our specialty.
Contact us now to discover our operated offices and offer your teams a space where productivity and well-being coexist.
📩 hello@lesnouveauxbureaux.com
📞 06 98 34 93 06
